https://wiki-dev.treasurers.org/w/index.php?action=history&feed=atom&title=Pension_buyoutPension buyout - Revision history2026-05-22T13:47:41ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki-dev.treasurers.org/w/index.php?title=Pension_buyout&diff=37107&oldid=previmported>Doug Williamson: Create page. Source: FT Lexicon http://lexicon.ft.com/Term?term=pension-buyout2019-03-10T19:57:25Z<p>Create page. Source: FT Lexicon http://lexicon.ft.com/Term?term=pension-buyout</p>
<p><b>New page</b></p><div>A pension buyout enables a sponsoring employer to completely wind up its pension scheme by transferring both the pension assets and the pension liabilities to an insurance company.<br />
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The insurance company becomes responsible for honouring pension promises as scheme members retire. <br />
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Pension buyouts usually include the payment of a cash premium to the insurance company.<br />
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Once the buyout is complete, all links with the former sponsor and pension trustees are severed and the pension scheme member is issued with a contract from the insurance company.<br />
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== See also ==<br />
* [[Buyout]]<br />
* [[Defined benefit pension scheme]]<br />
* [[Insurance]]<br />
* [[Longevity]]<br />
* [[Pension assets]]<br />
* [[Pension liabilities]]<br />
* [[Pension scheme]]<br />
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[[Category:Accounting,_tax_and_regulation]]<br />
[[Category:The_business_context]]<br />
[[Category:Manage_risks]]</div>imported>Doug Williamson